Copper Fox announces drilling intersect of 0.96% CuEq over 110m and reports metallurgical testwork results7 minutes ago by CNW Group
Copper Fox Metals Inc. (TSX-Venture: CUU) is pleased to announce further assay results from four diamond drill holes completed for geotechnical purposes as part of the 2011 drill program and recently completed metallurgical testwork on the Paramount zone of the Schaft Creek deposit. The locations of 2011 drill holes can be viewed on the Copper Fox website at www.copperfoxmetals.com.Highlights are:
-- Diamond drill hole (DDH) CF419-2011 located in the Liard zone intersected 0.46% copper, 0.41g/t gold, 0.043% molybdenum and 2.15g/t silver (0.96% copper equivalent) over an interval of 110.8m starting at a core length of 10.2m, -- DDH CF419-2011 also intersected 0.55% copper, 0.20g/t gold, 0.013% molybdenum and 1.88g/t silver (0.76% copper equivalent) over an interval of 136.7m starting at a core length of 121.0m, -- DDH CF417-2011 intersected 0.24% copper, 0.08g/t gold and 1.27g/t silver over a 21m interval starting a core length of 399.0m, -- DDH CF423-2011 located 650m west of the Liard zone of the Schaft Creek deposit intersected three significant intervals of copper-silver mineralization, and
-- estwor omposite samples of the
Mr. Stewart, President of Copper Fox stated, "DDH CF419-2011 was drilled for geotechnical purposes in one of the proposed starter pits and intersected significant intervals of higher grade copper mineralization and of note, higher gold and molybdenum values closer to surface. The geotechnical holes DDH CF417-2011 and DDH CF423-2011 have intersected significant intervals of copper mineralization a considerable distance outside the current limits of the Schaft Creek deposit which suggests a considerable amount of additional drilling is required to define the outer limits of the Schaft Creek deposit. Upon receipt of the assay results from the remaining seven diamond drill holes of the 2011 program, expected shortly, the Company will initiate the preparation of an updated "Resource Estimate" to include the results of the 2011 program. The metallurgical test work results for the Paramount zone are very encouraging, showing a high percentage recovery for the various metals including silver."
